Author: Oscar

  • Crypto Markets Plummet as U.S. Tariffs Trigger Panic Selling

    Crypto Markets Plummet as U.S. Tariffs Trigger Panic Selling

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    Oscar

    The crypto markets faced a severe downturn as major tokens plunged over 25% in the past 24 hours, reversing gains made since December. The sell-off was triggered by fresh U.S. tariffs on Canada and Mexico, escalating fears of a global trade war. XRP, DOGE, and ADA Wipe Out Gains XRP, Dogecoin (DOGE), and Cardano’s ADA…

  • Bitcoin Dominance Nears 62% as Altcoins Struggle to Keep Up

    Bitcoin Dominance Nears 62% as Altcoins Struggle to Keep Up

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    Oscar

    Bitcoin’s market dominance has surged to nearly 62%, its highest level since February 2021. As altcoins lag, traders are eyeing BTC’s key levels, particularly the CME Gap at $102,000. Bitcoin’s Market Dominance at a Three-Year High As of February 3, Bitcoin’s market dominance has climbed to 62%, indicating that BTC holds the lion’s share of…

  • SHIB Burns Surge 2,085%, But Price Takes an Unexpected Dip

    SHIB Burns Surge 2,085%, But Price Takes an Unexpected Dip

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    Oscar

    The Shiba Inu (SHIB) community witnessed a dramatic surge in token burns over the past week, with an impressive 2,085% increase. However, despite the reduced supply, SHIB’s price took an unexpected hit, mirroring Bitcoin’s market movement. SHIB Burns Soar Over 2,000% According to data from Shibburn, more than 1.13 billion SHIB tokens were removed from…

  • Bitcoin Faces Potential Crash as Trump’s Tariffs Take Effect

    Bitcoin Faces Potential Crash as Trump’s Tariffs Take Effect

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    Oscar

    Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a stark warning about Bitcoin’s future. He predicts a significant price drop as former U.S. President Donald Trump’s new tariff policies come into play. Kiyosaki, however, remains unfazed, seeing the dip as a golden buying opportunity. In a recent post on X, he stated, “TRUMP…

  • Bitcoin ETFs Rebound with Modest Inflows

    Bitcoin ETFs Rebound with Modest Inflows

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    Oscar

    Bitcoin spot ETFs have bounced back with a modest net inflow of $18.44 million, marking a recovery from previous outflows. Despite limited movement, BlackRock’s IBIT led the gains, while Ark and 21Shares’ ARKB saw outflows. Bitcoin ETFs See Positive Momentum On a relatively quiet trading day, U.S. spot bitcoin ETFs registered a total net inflow…

  • China Convicts BKEX Staff for Illegal Crypto Gambling

    China Convicts BKEX Staff for Illegal Crypto Gambling

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    Oscar

    A Chinese court has convicted several employees of cryptocurrency exchange BKEX for facilitating illegal gambling through contract trading. The People’s Court of Pingjiang County, Hunan Province, ruled on January 29 that BKEX’s operations amounted to “opening a casino”, leading to multiple prison sentences and fines. High-Leverage Crypto Trading Declared Illegal BKEX, founded by Ji Jiaming…

  • Trump Media Expands Into Crypto With Truth.Fi

    Trump Media Expands Into Crypto With Truth.Fi

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    Oscar

    Donald Trump’s media company, Trump Media & Technology Group (TMTG), has announced its expansion into financial services, including cryptocurrencies. The firm, which owns the Truth Social platform, revealed plans to launch Truth.Fi, a new financial technology brand. The announcement sent TMTG shares soaring 15% in pre-market trading, as investors reacted to the news of the…

  • Fed Holds Rates Steady: Key Impacts for Crypto Markets

    Fed Holds Rates Steady: Key Impacts for Crypto Markets

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    Oscar

    The Federal Reserve’s first meeting of 2025 is set to maintain the status quo on interest rates, with a decision anticipated to leave the target range unchanged at 4.25%-4.5%. Scheduled for release at 19:00 UTC on Wednesday, the decision will be followed by Chairman Jerome Powell’s press conference at 19:30 UTC. While markets anticipate a…

  • Trump’s Crypto Ties: A Path to Growth or Corruption?

    Trump’s Crypto Ties: A Path to Growth or Corruption?

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    Oscar

    As Donald Trump positions the United States as the “crypto capital of the planet,” questions arise about the implications of his administration’s deepening ties to the cryptocurrency industry. While his pro-crypto stance promises accelerated growth, critics warn of potential corruption, investor risks, and national security threats. Trump’s Crypto Ventures Spark Ethical Concerns Despite once dismissing…

  • Deepseek’s AI Revolution Shakes Crypto and Global Markets

    Deepseek’s AI Revolution Shakes Crypto and Global Markets

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    Oscar

    The global financial landscape is experiencing tremors as Deepseek, a Chinese AI startup, disrupts cryptocurrency and stock markets with its cutting-edge, cost-effective AI models. Founded in 2023 by Liang Wenfeng, Deepseek has emerged as a formidable rival to industry giants, sparking volatility across U.S. equities and the crypto market. The $5.58 Million Model Challenging the…